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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenue:        
Insurance premiums, net $ 45,133 $ 46,499 $ 91,223 $ 92,049
Net investment income 2,266 1,850 4,379 3,889
Realized investment gains, net 50 0 171 249
Unrealized gains (losses) on equity securities, net 4,003 1,355 4,747 (7,100)
Other income 5 33 12 60
Total revenue 51,457 49,737 100,532 89,147
Benefits and expenses:        
Insurance benefits and losses incurred 31,703 27,076 64,975 60,659
Commissions and underwriting expenses 12,179 10,854 24,743 23,480
Interest expense 347 414 693 890
Other expense 3,474 3,112 6,914 6,064
Total benefits and expenses 47,703 41,456 97,325 91,093
Income (loss) before income taxes 3,754 8,281 3,207 (1,946)
Income tax expense (benefit) 792 1,749 676 (391)
Net income (loss) 2,962 6,532 2,531 (1,555)
Preferred stock dividends (100) (100) (199) (199)
Net income (loss) applicable to common shareholders $ 2,862 $ 6,432 $ 2,332 $ (1,754)
Earnings (loss) per common share (basic) (in dollars per share) $ 0.14 $ 0.31 $ 0.11 $ (0.09)
Earnings (loss) per common share (diluted) (in dollars per share) $ 0.14 $ 0.30 $ 0.11 $ (0.09)